Market AnalysisFinancial Planning Market

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Introduction

We thought that you may be interested to know that 2015 hasseen record salary uplifts for the ‘movers and shakers’ withinthe Financial Planning/IFA market, with average new salariesalso outstripping those seen in 2014.

BWD’s 6-strong team wealth managementteam have analysed data from 2014 and2015, comparing the salary increasesattained by Financial Planners placed byourselves, and this has provided some veryinteresting results.

UK Results

Largest Salary Upliftfor an individual

42%

Average New Salary

£61,850 Average Uplift in Basic Salary

19%

The average uplift in basic salarywas of 19%, in contrast to the12% uplift achieved in 2014

The largest uplift in basicsalary for any individualwas 42%

The average new salary securedacross the UK was £61,850compared to £52,386 in 2014

North West & Midlands Results

Largest Salary Upliftfor an individual

42%

Average New Salary

£68,500 Average Uplift in Basic Salary

19%

The average uplift in basic salary was of 19%,with the largest uplift in basic salary for anyindividual being 42%

The average new salary secured across theNorth West and Midlands being £68,500

Results in the South

Largest Salary Upliftfor an individual

36%

Average New Salary

£63,426 Average Uplift in Basic Salary

12%

The average uplift in basic salarywas of 12%, in contrast to the10% uplift achieved in 2014

The largest uplift in basicsalary for any individualwas 36%

The average new salary securedacross the UK was £63,426compared to £62,500 in 2014

North East & Yorkshire Results

Largest Salary Upliftfor an individual

42%

Average New Salary

£53,625 Average Uplift in Basic Salary

26%

The average uplift in basic salarywas of 26%, in contrast to the16% uplift achieved in 2014

The largest uplift in basicsalary for any individual was42%, in contrast to the 16%uplift achieved in 2014

The average new salarysecured across the North Eastand Yorkshire was £53,625compared to £43,500 in 2014

Commentary

We would be keen to hear your thoughts or any experiencesyou have had which may relate to this.

Equally, if you wish to have a confidential discussion with usabout your career, or to find out about current opportunitiesin the market, please do not hesitate to call.

*We do operate a referral scheme worth up to £350 in vouchers based upon a

successful referral.

If you are a client, or prospective client, andwish to discuss the market and/or potentialrecruitment opportunities, do not hesitate tocontact us on 0113 274 3000.

Market AnalysisFinancial Planning Market

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